Bankruptcies 'soar' among young The number of young people going bankrupt has risen sharply in the past two years, according to new figures, as personal debt levels have mounted.via
House passes broad housing rescue despite veto threat President Bush flanked by House Minority Leader John Boehner, R-Ohio, right, and House Republican Whip Roy Blunt, R-Mo., left, walks from Cross Hall to make a statement, Wednesday, May
The Mortgage Market: What Happened? (NPR) As the nationwide real estate boom of recent years goes bust, economists and regulators are questioning the role that mortgage lenders played in helping to create an overheated housing environment.
Program Offers Mortgage Help (R News) WASHINGTON, D.C. ? A new partnership could provide some help for homeowners who are facing the risk of foreclosure because of rising mortgage payments.read more...
Bail-out fears hit mortgage firms (BBC News) Shares in Freddie Mac and Fannie Mae fall again on fears the US government will be forced to bail out the troubled mortgage giants.read more...
Impac 1Q results fall by half Real estate investment trust Impac Mortgage Holdings Inc. on Thursday said first-quarter results fell by half, as dividends from taxable REIT subsidiaries fell.read more...
ABERDEENSHIRE’S record low unemployment rate is stalling the area’s booming economy, an expert warned yesterday. 
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